HCLTech CEO C Vijayakumar earns $10.85 mn in FY25; more than TCS, Infosys heads
New Delhi, 2 Aug (PTI) HCLTECH CEO C Vijayakumar won 10.85 million US dollars (approximate La94.6 Crore) 2024-25 In the financial year, it makes it one of the highest paid executives in the Indian IT industry and exceeds the earnings of the larger rival TCS and InfoS.
The Company’s Board also approved an increase of more than 71 percent to USD $ 18.6 million (approximate La154 Crore) According to the company’s annual report, for the next financial year.
Vijayakumar’s FY25 compensation puts him in front of his peers in the first two IT companies of India.
In the same period, the fee of TCS CEO K crithivasan La26.52 CRORE, INFOSS CEO SALİL PAREKH WIN La80.62 Crore. Vijayakumar’s earnings are Wipro CEO Srinivas Pallia (6.2 million USD or approximately La53.64 Crore) and Tech Mahindra CEO Mohit Joshi ( La53.9 Crore).
According to HCLtech’s annual report, Vijayakumar’s total fee of the financial year ended on March 31, 2025 consisted of US $ 1.96 million and a bonus due to performance consisted of US $ 1,73 million.
The largest part of its earnings came from long -term incentives and limited stock units (RSU) worth US $ 6.96 million. Annex $ 0.20 million was provided in the benefits and tools.
Vijayakumar, who took over as CEO in 2016, lives in the USA and receives his fee from HCL America Inc.
“Under the leadership of C. Vijayakumar, HCLTECH’s market value La1.15,000 Crore on March 31, 2016 LaOn March 31, 2025, 4,32,000 Crore reflects 3.8 times growth since 16 financial years. In the same period, the market value of the other four leading Indians were listed between the top five IT service companies.
As of April 1, 2025, the company’s board has approved a revised fee package for Vijayakumar. The proposed annual salary is determined as 18.6 million US dollars and an increase of 71 percent of the 25 financial years earnings.
The proposed structure significantly increases both fixed and performance -related components.
“Revised compensation, C Vijayakumar’s successful and long -standing leadership as CEO, accepts its significant contributions to the growth of the company and its sustainable performance over the years.” He said.
HCL Technologies made a decrease of 9.7 percent La3,843 Crore in net profit for the June quarter was damaged by higher expenses and one-time impact of a customer bankruptcy, but in the coming neighborhoods, the appearance of income for full financial for reservation expectations in the coming neighborhoods increased the appearance of income to 3-5 percent (2-5 percent earlier).
HCLTECH shares reached a level of 0.98 percent lower La1,452.95 at BSE on Friday.
